Delek US: Q125 Refining Segment Adjusted EBITDA Loss $27.4 M


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) -- Delek US Holdings reported today that its refining 
segment recorded an adjusted EBITDA loss of $27.4 million in the first quarter 
2025, compared with $110.1 million profit in the same quarter of last year, 
which reflects other inventory impacts of $26.2 million and a $1.4 million loss 
for first quarter 2025 and 2024, respectively.

   The decrease over 2024 was primarily due to lower refining crack spreads. 
During the first quarter 2025, Delek US's benchmark crack spreads were down an 
average of 29.8% from prior-year levels.

   The company overall reported a net loss of $172 million in the first quarter 
of 2025, compared to a $32.6 million net loss in the same quarter of 2024.

   Delek operates refineries in Tyler and Big Spring, Texas, El Dorado, 
Arkansas and Krotz Springs, Louisiana with a combined nameplate crude 
throughput capacity of 302,000 bpd.




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